UNAS 3333 Cross Currents: Thinking About Law and Economics (Fall: 1 )
This seminar, co-taught by a distinguished lawyer and an economist, investigates how economic theory applies to several areas of law. In 1897, Oliver Holmes prophesied that, “[f]or the … study of the law, … the [lawyer] of the future is the [lawyer] of statistics and … economics.” Many lawyers and economists name groundbreaking articles by Ronald Coase and Guido Calabresi from the early 1960’s as the advent of this collaboration of law and economics: Since then, economic theory has been applied in ever-expanding areas of law. Along the way, economics has dramatically changed legal scholarship and the practice of law.
Instructor(s): Kenneth Felter
Last Updated: 24-Jun-17